311 E Ave ESouth HutchinsonKS67505
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in South Hutchinson at 311 E Ave E, South Hutchinson, KS, 67505 at $105,000 posts ROI 29.68% with $283/mo cash flow from $982/mo rent. Total monthly income equals $982/mo, and annual cash flow records $3,400/yr on $34,808 to close. Return on cash invested measures 29.68% and rental yield reads 11.22% at the current $105,000. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 by year five. Five-year ROI prints 155.94% and total cumulative return in cash totals $54,278.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $982/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 67505, South Hutchinson, KS area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,294 (100%) |
| Owner Occupied HU | 694 (53.6%) |
| Renter Occupied HU | 475 (36.7%) |
| Vacant Housing Units | 125 ( 9.7%) |
| Median Home Value | $155,178 |
| Average Home Value | $189,200 |
Housing Distribution
Address Breakdown
Residential
1,141
Single Family
1,048
Multi-Family
93
Businesses
121
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Listed by: Kim Unruh • Sheets - Adams, Realtors
Mls Name: Mid Kansas MLS & Prairie Land Realtors
Mls ID: #53475